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9-14-14-2. Motor vehicle odometer fund

IN Code § 9-14-14-2 (2019) (N/A)
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Sec. 2. (a) The motor vehicle odometer fund is established. The fund consists of the following:

(1) Amounts deposited in the fund under this title.

(2) Money deposited in the fund under IC 9-29-1-5 (before its repeal).

(3) Money deposited in the fund from any other source.

(b) All money in the motor vehicle odometer fund shall be allocated each July as follows:

(1) Forty percent (40%) is to be deposited in the motor vehicle highway account (IC 8-14-1).

(2) Thirty percent (30%) is to be appropriated to the bureau for use in enforcing odometer laws.

(3) Twenty percent (20%) is to be appropriated to the state police for use in enforcing odometer laws.

(4) Ten percent (10%) is to be appropriated to the attorney general for use in enforcing odometer laws.

[Pre-2016 Revision Citation: 9-29-1-5.]

As added by P.L.198-2016, SEC.194.

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